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    30 Vernon Terrace

    Poughkeepsie, NY 12601
    • $245,000
    • STATUS: Active
    • ON SITE: 74 days
    • MLS #: H6130623
    UPDATED: 67 min ago
    $245,000
    • 4
      BEDS
    • 0.12
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,500
      SQFT
    • $163
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Information

    Elementary School:
    School District:

    Description

    Who said the 1% rule is dead? Here's a prime located, low-cost duplex. Cash flowing As-Is with a 9.5-10.5% cap rate with normalized rents given unit 1 hasn't had a rent increase in 15 years. Also, an incredible house hacking opportunity. K Fortuna's Purpose Driven Team is pleased to present this attractive investment, tucked into a desirable residential neighborhood just north of the Historic Downtown Poughkeepsie, a skip away from the Walkway Over the Hudson and within 5-minutes walk to a thriving retail corridor. Rental demand may be driven by the proximity to the Mid-Hudson Regional Hospital, Marist College, and the Metro-North train station that arrives at New York City's Grand Central Station every hour. The duplex is up and down with a two-bedroom, one-bathroom occupying each level: a 4-car driveway, spacious front and back yard for quiet enjoyment. A common wall adjoins the neighboring property. Ask us, or your agent, for the Offering Memorandum & Financial Models!

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    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-09-27T20:16:18.41.
    www.frankschiavone.com/homes/119295286
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    30 Vernon Terrace Poughkeepsie, NY 12601

    • Price: $245,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: H6130623
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,500
    SQFT
    $163
    $/SQFT
    1940
    Built
    Neighborhood:
    Poughkeepsie City
    County:
    Dutchess
    Area:
    Poughkeepsie City
    Elementary School:
    Columbus Elementary School
    Middle School:
    Poughkeepsie Middle School
    High School:
    Poughkeepsie High School
    School District:
    Poughkeepsie
    Property Description
    Who said the 1% rule is dead? Here's a prime located, low-cost duplex. Cash flowing As-Is with a 9.5-10.5% cap rate with normalized rents given unit 1 hasn't had a rent increase in 15 years. Also, an incredible house hacking opportunity. K Fortuna's Purpose Driven Team is pleased to present this attractive investment, tucked into a desirable residential neighborhood just north of the Historic Downtown Poughkeepsie, a skip away from the Walkway Over the Hudson and within 5-minutes walk to a thriving retail corridor. Rental demand may be driven by the proximity to the Mid-Hudson Regional Hospital, Marist College, and the Metro-North train station that arrives at New York City's Grand Central Station every hour. The duplex is up and down with a two-bedroom, one-bathroom occupying each level: a 4-car driveway, spacious front and back yard for quiet enjoyment. A common wall adjoins the neighboring property. Ask us, or your agent, for the Offering Memorandum & Financial Models!
    Exterior Features

    Architectural Style 2 Story Construction Materials FrameAluminum Siding Garage YN No Lot Features LevelNear Public Transit Parking Features DrivewayOff Street

    Interior Features

    Basement Bilco Door(S)Full Cooling Window Unit(S) Cooling YN Yes Flooring Hardwood Heating OilHot Water Interior Features Master Downstairs1St Floor Bedrm

    Property Features

    Property Attached YN Yes Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 4400.00 Water Source Public

    Listing courtesy of Brett Miller of K. Fortuna Realty, Inc..
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-09-27T20:16:18.41.
     
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